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financial literacy and business ownership for the increase in wealth inequality between college and non-college households. …Using new long-run microdata, this paper studies wealth and income trends of college and non-college households in the … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is …
Persistent link: https://www.econbiz.de/10012052832
here to be positively related with family size. The relationship between material inequality and heath is the subject of … considerable debate, and there was an inverse relationship between material inequality and stature. The paper also supports a bio …
Persistent link: https://www.econbiz.de/10010272041
Little research exists on the historical relationship between BMI variation, wealth, and inequality. This study finds … BMIs and average state-level wealth, and an inverse relationship between BMI and wealth inequality. After controlling for … wealth and inequality, rural agricultural farmers had greater BMI values than their urban counterparts in other occupations. …
Persistent link: https://www.econbiz.de/10010274782
greater wealth inequality. …, 19th century weight was higher in states with greater average wealth and population density and lower in states with …
Persistent link: https://www.econbiz.de/10011431158
extreme wealth inequality in society. … inequality. This paper uses a 19-year panel of administrative data for the population of Norway to examine the share of the Total … well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows …
Persistent link: https://www.econbiz.de/10013177600
among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality … while house price increases do the opposite. Inheritances exacerbate absolute wealth inequality but reduce rel …-ative inequality. Wealth inequality declined in advanced Western countries during the first half of the 20th century, then stabilized …
Persistent link: https://www.econbiz.de/10015047235
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …
Persistent link: https://www.econbiz.de/10011555586
deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for …
Persistent link: https://www.econbiz.de/10010278886
consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for … wealth held in the form of housing (i.e., when stock and housing assets are substitutes), then they will temporarily reduce …
Persistent link: https://www.econbiz.de/10010278905
We review the theoretical justification of consumption taxes in advanced economies, providing a systematic overview of the vast public finance literature exploring how goods and services should be taxed. Our discussion focuses on both the determinants of the optimal level of consumption taxation...
Persistent link: https://www.econbiz.de/10013470297